China Aluminum Stocks Refresh Nearly 10-Year High, SMM Says

SHANGHAI, Aug. 31 (SMM) – Aluminum ingot stocks in China’s seven major markets have been growing steadily to new highs in nearly a decade.

LME Base Metals Inventories (2017-8-31)

SMM statistics showed stocks totaled 1.58 million tonnes on August 31, up almost 250,000 tonnes or 18.4% from the end of July.  

Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.